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OSLO, Sept 20 (Reuters) -
The gas market is experiencing a situation of tight supply, which means any disruption will cause spikes in prices, a senior Equinor executive said on Wednesday.
Equinor is Europe's largest gas supplier.
"This market is still very tight and very nervous," said Irene Rummelhoff, Equinor's head of marketing, midstream and processing, citing the strikes at Chevron's liquefied natural gas facilities in Australia as an example.
The industrial action caused European gas prices to jump by a third even though the disruption was "small" in terms of quantity.
"It goes to show that the market is still very nervous and small supply disruptions can really cause price spikes," she told an energy conference in Oslo. (Reporting by Nora Buli and Nerijus Adomaitis, writing by Gwladys Fouche, editing by Terje Solsvik)
